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BBCNEWS BBC News June 4, 2024 09:07:00

When it stood at the same level. the bank of england has warned inflation will reach 11% later this year. our business correspondent emma simpson reports on how the rising cost of living is affecting how we shop. if i haven t got the money, i can t eat. you see lots of things that are on cheap, we buy them and freeze them. definitely shopping around, looking for what s cheaper and where. - it s here in the supermarket aisles you get a taste of how the rising cost of living is starting to bite. we buy less and we buy cheaper products, unfortunately. we can t usually afford to buy all the named product stuff so we have to go and buy the essential stuff. if they re not going to give us the wage rises, we can t compete with inflation, we re suffering. at britain s third biggest grocer, they know that their customers are feeling the pain, too. so people aren t trading back, they re worried about spending, they ve got a limit that they set ....

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BBCNEWS BBC News at Six June 4, 2024 17:07:00

At a a0 year high and the chairman of the third largest grocer in the country says it is changing how households buy. country says it is changing how households bu . ., , ., ., households buy. people are worried about spending. households buy. people are worried about spending, people households buy. people are worried about spending, people say - households buy. people are worried about spending, people say £30 - households buy. people are worried about spending, people say £30 isl households buy. people are worried i about spending, people say £30 is my limit and about spending, people say £30 is my limit and if about spending, people say £30 is my limit and if they get two more, stop limit and if they get two more, stop we limit and if they get two more, stop. we are seeing a massive change in behaviour. stop. we are seeing a massive change in behaviour, we have not had significant in behaviour, we have not had significant inflation for many years significant ....

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BBCNEWS BBC News June 4, 2024 16:06:00

That it could reach 11% this year. our first report is from our business correspondent emma simpson. if i haven t got the money, i can t eat. you see lots of things that are on cheap. we buy them and freeze them. definitely shopping around, looking for what s cheaper and where. - it s here in the supermarket aisles you get a taste of how the rising cost of living is starting to bite. we buy less and we buy cheaper products, unfortunately. we can t usually afford to buy all the named product staff, so we have to go and buy the essential stuff. if they re not going to give us the wage rises, we can t compete with inflation, we re suffering. at britain s third biggest grocer, they know their customers are feeling the pain, too. people are trading back. they re worried about spending. they ve got a limit i that they set out to. they say, £30 is my limit, and if they get to more . than £30, that s it, stop. and it s the same with petrol. ....

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BBCNEWS BBC News June 4, 2024 14:02:00

Driven in particular by the cost of bread, cereal and meat. it s the highest inflation figure since march 1982, and the bank of england has warned that it could reach 11% this year. our first report is from our business correspondent emma simpson. if i haven t got the money, i can t eat. you see lots of things that are on cheap. we buy them and freeze them. definitely shopping around, looking for what s cheaper and where. - it s here in the supermarket aisles you get a taste of how the rising cost of living is starting to bite. we buy less and we buy cheaper products, unfortunately. we can t usually afford to buy all the named product staff, so we have to go and buy the essential stuff. if they re not going to give us the wage rises, we can t compete with inflation, we re suffering. at britain s third biggest grocer, they know their customers are feeling the pain too. people are trading back. they re worried about spending. they ve got a limit that they set out to. they say, £30 is my ....

Bank Of England , Emma Simpson , Inflation Figure , March 1982 , Supermarket Aisles , The Cost Of Living , We Haven T , Product Staff , Wage Rises ,

BBCNEWS BBC News June 4, 2024 19:25:00

Even coming here today i have found how much things i buy every week, it is going up by 30p, 40 p. if they will not give us wage rises, we cannot compete with inflation, we are suffering. the rate of inflation is at a 40 year high and the chairman of the third largest grocer in the country says it is changing how households buy. people are worried about spending, people say £30 is my limit and if they get to more, stop. we are seeing a massive change in behaviour, we have not had significant inflation for many years. my generation remembers what it was like last time and once it gets hold it is quite pernicious and takes a long time to eradicate, people are fearful. inflation rose 9.1% in may and made rising food prices and is set to be the highest of the g7 group of western countries. it is heading up to 11% in the autumn, according to ....

Wage Rises , Food Prices , 9 1 ,